Dollarama (TSE:DOL) Given a C$180.00 Price Target at Jefferies Financial Group

Dollarama (TSE:DOL) received a C$180.00 price objective from equities researchers at Jefferies Financial Group in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 16.56% from the stock’s current price.

A number of other analysts also recently weighed in on the company. UBS Group increased their price target on Dollarama from C$147.00 to C$165.00 in a report on Friday, April 4th. BMO Capital Markets upped their target price on Dollarama from C$154.00 to C$160.00 in a research report on Friday, March 14th. Desjardins lifted their price objective on shares of Dollarama from C$150.00 to C$160.00 and gave the stock a “buy” rating in a report on Wednesday, April 2nd. National Bankshares upgraded shares of Dollarama from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$156.00 to C$166.00 in a research report on Friday, March 28th. Finally, Canaccord Genuity Group upped their price target on Dollarama from C$146.00 to C$168.00 in a research report on Friday, April 4th. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$164.50.

Dollarama Trading Up 1.6 %

Shares of TSE DOL traded up C$2.48 during midday trading on Thursday, reaching C$154.43. The stock had a trading volume of 423,313 shares, compared to its average volume of 768,747. Dollarama has a twelve month low of C$111.10 and a twelve month high of C$174.22. The company has a debt-to-equity ratio of 369.36, a quick ratio of 0.08 and a current ratio of 1.43. The company’s 50 day moving average price is C$147.84 and its 200 day moving average price is C$143.88. The firm has a market cap of C$42.68 billion, a price-to-earnings ratio of 39.33, a price-to-earnings-growth ratio of 1.93 and a beta of 0.56.

Dollarama Company Profile

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings.